Ajanta Pharma Buyback 2024 Record Date, Price & Ratio Details

Ajanta Pharma Buyback 2024 details: The Ajanta Pharma open date is May [.], 2024. Ajanta Pharma record date May 30, 2024. The investor should buy the Ajanta Pharma shares before the record date to get eligibility for the buyback.

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Ajanta Pharma of ₹285.10 crores approved by the board of directors at the meeting was held on May 2, 2024. Ajanta Pharma will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹2 each equity share at a price of ₹2771 per Equity Share and for an aggregate amount not exceeding ₹285.10 crores from the shareholders. Check out Ajanta Pharma Buyback 2024 details below:


Ajanta Pharma is a specialty pharmaceutical formulation company with having major focus on branded generic business across India, Asia & Africa. They operate 7 state-of-the-art manufacturing facilities in India. Their business includes Branded Generics in India and Emerging Markets in Asia and Africa; Generics in the USA; and Institution Sales in Africa. Their high-quality medicines are trusted by healthcare professionals and patients in more than 30 countries. Many of the company’s products are 1st to market and are leading in their sub-therapeutic segments. This business contributes 71% of total revenue.

Ajanta Pharma History


Ajanta Pharma Buyback 2024 Dates

Buyback Meeting Date:May 2, 2024
Buyback Announcement Date:May 2, 2024
Buyback Record Date:May 30, 2024
Last Date to Buy Shares:2024
Buyback Open Date:2024
Buyback Close Date:2024
Finalization of Buyback Acceptance:2024

Ajanta Pharma Buyback 2024 Offer Details

Ajanta Pharma of 1,028,881 equity shares at a price of ₹2771 per equity share. The buyback offers not to exceed ₹285.10 crores of the total buyback offer size.

Offer Amount:₹285.10 Crores
Number of Shares:1,028,881 Equity Shares
Face Value:₹2 per equity share
Buyback Price:₹2771 per equity share
Listing:BSE, NSE
Buyback Type:Tender Offer
Letter of Offer:Click Here

Ajanta Pharma Buyback 2024 Acceptance Ratio

The investor should buy around 72 shares at a current market price of ₹2225 (as of date). The calculation will be ₹2,00,000 / ₹2770 buyback price = 72 shares.

Acceptance RatioInvestmentShares BuybackProfit
33%₹16020024₹13080
50%₹16020036₹19620
75%₹16020054₹29430
100%₹16020072₹39240

Ajanta Pharma Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹2890₹1889₹654
2022₹3341₹2408₹713
2023₹3743₹2934₹588

How to Participate in Ajanta Pharma Buyback 2024

The investors are eligible for the buyback scheme who have Ajanta Pharma shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Ajanta Pharma Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Shervani Industrial Syndicateepted shares by the company under the Ajanta Pharma scheme.

Ajanta Pharma Buyback 2024 Registrar

To be updated soon

Ajanta Pharma Buyback 2024 Lead Managers

  • To be updated soon

Ajanta Pharma Company Address

Ajanta Pharma Limited
Ajanta House’, 98 Govt Industrial Area,
Charkop, Kandivli (West),
Mumbai – 400 067
Phone: +91 22 6606 1000
Email: [email protected]
Website: https://www.ajantapharma.com/

How to Apply the Ajanta Pharma through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Ajanta Pharma”. Click on Place Order. Enter your Quantity and submit Ajanta Pharma Application Form.

How to Apply the Ajanta Pharma through Upstox?

Log in to Upstox Application with your credentials. Select the Ajanta Pharma. You will see the Company Name “Ajanta Pharma”. Click on Ajanta Pharma Stock for Buyback. Enter your Quantity and submit Ajanta Pharma Application Form.

How to Apply the Ajanta Pharma through Ajanta Pharma Paytm Money?

Log in to Paytm Money Application with your credentials. Select the Ajanta Pharma. Enter your Quantity and submit Ajanta Pharma Application Form.

Ajanta Pharma Buyback 2024 FAQs


When is Ajanta Pharma Buyback 2024 Record Date?

Ajanta Pharma Buyback 2024 record date is May 30, 2024.

When is Ajanta Pharma Buyback 2024 Open Date?

Ajanta Pharma Buyback 2024 open date is TBA.

What is Ajanta Pharma Buyback 2024 Price?

The company has fixed the price at ₹2770 per share.

How to apply for Ajanta Pharma Buyback 2024?

As per the record date you need to have Ajanta Pharma shares in your Demat Account. You can participate in buyback after having the stock in your Account.

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